BANCROFT 
LIBRARY 

o 

THE  LIBRARY 

OF 

THE  UNIVERSITY 
OF  CALIFORNIA 


PROSPECTUS 


OF  THE 


GREAT  WESTERN 


COMPANY. 


Incorporated  under  the  Laws  of  Utah,  at  Parowan  City, 
September  9th,    1873. 


CAPITAL  STOCK,  $2,000,000, 

UNASSESSABLE. 


SALT  LAKE  CITY,  UTAH. 

PRINTED  AT  THE  OFFICE  OF  THE  SALT  LAKE  HERALD. 
1874. 


\ 


PROSPECTUS 


OF  THE 


GREAT  WESTERN 


COMPANY. 


Incorporated  under  the  Laws  of  Utah,  at  Parowan  City, 
September  9th,    1873. 


CAPITAL  STOCK,  -        $2,000,000. 

UN  ASSESS  ABLE. 


SALT  LAKE  CITY,  UTAH. 

PRINTED  AT  THE  OFFICE  OF  THE  SALT  LAKE  HERALD. 

1874. 


•Yf 


07 

GREAT    WESTERN         a 
IRON  MINING  AND  MANUFACTURING 

COMPANY. 


Incorporated    Sei>t.    O, 


CAPITAL     STOCK     $2,000,000. 


OFFICERS  : 

Wm.  B.  Pace,  President. 

A.  J.  Stewart,  Vice  Pres. 

Homer  Duncan,  Treasurer. 

Jas.  H.  Hart,  Secretary. 

Ebenezer  Hanks,  Gen.   Sup't. 

BOARD  OF  DIRECTORS: 

Wm.   B.   Pace,  A.  J.  Stewart, 

Homer  Duncan,  Ebenezer  Hanks, 

W.   N.   Dusenberry,  Chapman  Duncan, 

Umpstead  Rencher. 


Iron  City,  Utah. 
OFFICES  OF  COMPANY: 

Provo  City,  Utah. 


BANCROFT 
LIBRARY 


PROSPECTUS 

OF   THE 

GREAT  WESTERN  IRON  MINING  AND  MANUFACTURING  CO. 


The  above  named  Company  was  incorporated  under  the  laws  of  Utah, 
at  Parowan  City,  Utah  Territory,  on  the  9th  day  of  September,  1873. 

The  object  of  the  incorporation  being  the  purchase  and  development 
of  certain  Iron,  Coal,  Copper,  Zinc,  Silver,  and  other  mines,  in  Iron  county, 
Territory  of  Utah,  and  for  the  purpose  of  extracting,  reducing,  manufactur- 
ing, shipping  or  disposing  of  the  same. 

The  property  included  in  the  purchase  made  by  the  Company,  is 
located  in,  and  adjacent  to,  Iron  City,  Pinto  Iron  Mining  District,  and  con- 
sists, in  part,  of  large  tracts  of  Coal  and  Iron  lands,  Silver  and  Zinc  locations, 
a  Blast  Furnace,  Air  Furnace,  Foundry,  Machine  Shops,  Pattern  Shops, 
Offices,  Boarding,  Dwelling,  Store  and  Warehouses,  the  land  on  which  they 
are  situated,  the  exclusive  water  right,  together  with  sufficient  property  on 
which  to  erect  Rolling  Mills,  additional  Furnaces,  and  buildings  necessary 
for  carrying  out  the  purposes  of  the  incorporation. 

The  Iron  lands  contain  immense  deposits  of  magnetic,  specular  and 
hematite  Iron  ore,  and  include  the  famous  Iron  and  Blowout  Mountains,  the 
former  rising  700  feet,  the  latter  400  feet,  above  the  level  of  the  valley,  and 
on  which  the  ledges  and  deposits  of  rich  magnetic  and  specular  ores  crop  out 
in  places  several  hundred  feet  high. 


CERTIFICATE  OF  ASSAY. 

"PACIFIC  ASSAY  OFFICE,  SALT  LAKE  CITY,  Jan.  28,  1874. 
"GREAT  WESTERN  IRON  MINING  AND  MANUFACTURING  COMPANY, 

"Dear  Sirs:  We  have  assayed  the  sample  of  Iron  ore  (average  sample 
marked  Blowout  and  Chesapeake)  which  you  left  with  us  for  its  contents  of 
metallic  Iron,  and  found  it  to  contain  as  follows:  81  48-100  per  cent,  metallic 
Iron.  .  Yours  Truly, 

"SELBY  &  GUNTER,  ASSAYERS." 


Several  hundred  tons  of  Pig  Iron  and  Castings  have  been  successfully 
manufactured  rom  these  mines,  for  the  Pioche  and  Bullion  markets,  thus 
proving  beyond  the  possibility  of  a  doubt,  the  feasibility  of  fluxing  and 
reducing  the  ores. 

The  works  of  the  Company  are  located  on  Little  Pinto  Creek,  adjacent 
to  Iron  City,  around  which  their  Iron  and  Coal  lands  radiate  at  a  distance  of 
from  one  to  seven  miles,  all  of  which  are  now  easily  accessible  by  good  wagon 
roads,  and  may  be  readily  connected  by  rail  on  an  easy  grade. 

Fire  Rock,  Fire  Clay,  Moulding  Sand,  Limestone,  and  every  pre-reqinj 
site  necessary  for  the  construction  of  or  running  the^Furnaces,  are  found  in 
abundance  in  close  proximity  to  the  works. 

Within  three  miles  of  their  works  the  Company  have  sunk  an  80  foot 
shaft,  cutting  a  vein  of  hard  Coal  seven  and  a  half  feet  thick,  and  have 
started  a  tunnel  from  the  base  of  the  mountain  with  the  intention  of  tapping 
the  same  vein  at  a  distance  of  two  hundred  feet.  This  tunnel,  on  reaching 
one  hundred  and  twenty-five  feet,  has  cut  a  vein  of  Anthracite  Coal  four  and 
a  half  feet  thick,  which  is  regarded  by  experts  as  equal  to  the  best  Pennsyl- 
vania Anthracite  Coal. 

Upon  another  location,  seven  miles  from  the  works,  two  shafts,  75  and 
85  feet,  respectively,  have  been  sunk,  .developing  a  first-class  article  of  Coal, 
Through  lack  of  machinery  at  the  time,  these  shafts  were  temporarily  aban- 
doned, and  a  tunnel  started  from  the  base  of  the  hill  to  tap  the  same  veins. 
This  tunnel  has  now  penetrated  500  feet,  cutting  three  veins  of  Coal  of  an 
aggregate  thickness  of  24  feet.  This  Coal  makes  an  A  1  article  of  Coke,  and 
is  a  valuable  acquisition  to  the  property  of  the  Company,  being  sufficient  to 
supply  their  demands  tor  Coke  for  years.  The  tunnel  is  well  "timbered-up," 
a  car  track  laid,  and  every  arrangement  made  for  active  operations  during 
the  coming  season. 

In  view  of  the  immense  demand  for  railroad  iron  on  the  Pacific  coast, 
and  the  importance  of  a  speedy  connection  between  the  Iron  Mountain  & 
Utah  Valley  Railroad  and  the  Utah  Southern  Railroad,  thereby  placing  the 
Great  Western  Iron  Manufacturing  Company  in  direct  communication  with 
the  U.  P.  and  C.  P.  Railroads,  the  Company  have  been  induced  to  enter  at 
once  upon  the  manufacture  of  railroad  iron.  To  this  end  they  have  secured 
the  services  of  a  competent  and  thorough  Rolling  Mill  Superintendent,  who 
is  now  East  getting  up  plans  and  drawings  for  a  Rolling  Mill,  with  a  capacity 
of  50  tons  of  finished  rails  per  day.  Additional  Blast  and  Puddling  Furnaces 
are  in  course  of  construction,  and  will  be  ready  for  operation  as  soon  as  the 
requisite  machinery  arrives. 

In  addition  to  the  Iron  and  Coal  interests  aforesaid,  the  Company  has 
purchased  and  hokls  the  General  Putnam,  Mammoth  and  Desert  Extension 

SILVER    LEDGES, 

Situated  within  five  and  a  half  miles  of  Iron  City. 

The  General  Putnam  is  a  true  fissure  vein,  with  well  defined  walls, 
The  location  contains  3,000  feet,  and  assays  made  by  Professor  Allen,  give 


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$171.00  per  ton.  On  this  location  a  shaft  has  been  sunk  50  feet,  and  a  tun- 
nel commenced  at  the  base  of  the  hill  in  Silver  Canon,  that  will  strike  the 
General  Putnam  at  a  depth  of  about  300  feet. 

The  Mammoth  and  Desert  Extension  locations  contain  2,800  and  2,000 
feet,  respectively.  Shafts  have  been  sunk  on  each  to  the  depth  of  40  feet, 
developing  good  milling  ore. 

ZINC. 

Adjacent  to  Iron  City  the  Company  also  has  a  location  of  Zinc,  which 
is  a  well-defined  ledge,  14  feet  by  3,000  feet.  Assays  made  by  Prof.  T.  L.  R. 
Schuner  give  50  per  cent.  Zinc. 


CERTIFICATE. 

"TERRITORY  of  UTAH,         \ 

'•COUNTY  OF  IRON,  j  "" 
"To  THE  GREAT  WESTERN  IRON  MINING  AND  MANUFACTURING  COMPANY: 

"Being  so  directed  by  the  Probate  Judge  of  Iron  county,  I,  Jesse  N. 

Smith,  Clerk  of  the  Probate  Court  of  said  county,  dp  hereby  certify  that  the 

articles  of  agreement  of  the  Great  Western  Iron   Mining  and  Manufacturing 

Company  have  been  filed  and  recorded  in  my  office,  together  with  the  oath 

of  office,  and  bonds  of  the  incorporators  and  officers,  as  required  by  the 

Statutes  of  Utah;  and  said  Company  is  hereby  authorized  to  exercise  all  the 

functions,  and  any  or  all  the  privileges,  of  a  corporation. 

,*' — A — •»*  "!N  TESTIMONY  WHEREOF,  I  have  hereunto  set  my  hand,  and 

\   SEAL.  [•  affixed  the  seal  of  the  Probate  Court  of  Iron  county,  at  Paiowan 

V*-r^-~^  City,  this  9th  day  of  September,  A.  D.  1873. 

"JESSE  N.  SMITH,  PROBATE  CLERK. 

"TERRITORY  OF  UTAH,         ) 

"COUNTY  OF  IB  ON.  j  6%s 
"I  approve  of  the  issuance  of  the  foregoing  certificate. 

"SILASS.  SMITH, 
"PROBATE  JUDGE  FOR  IRON  COUNTY." 


The  following  extract  is  from  the  pen  of  Mr.  E.  D.  Wassell,  of  Pitts- 
burgh: 

"SALT  LAKE  CITY,  Nov.  10, 1873. 

"EDITOR  I)E?ERET  NEWS:  In  compliance  with  a  request  made  to  me  by 
different  parties,  I  would  ask  the  privilege  to  give  a  brief  statement,  in  your 
columns,  of  the  vast  mineral  resources  of  Southern  Utah.  First,  allow  me  to 
say  that  I  w*»s  surprised,  beyond  what  I  am  able  to  express,  at  the  great 
mineral  wealth  of  Iron  County,  abounding  as  it  does  with  Iron  ores  and  Coal.  \y 
The  Iron  ores,  so  far  as  I  am  able  to  judge,  surpass  anything  of  the  kind  I 
have  ever  seen,  both  in  regard  to  quantity  and  quality,  and  will  make  as 
large,  if  not  a  larger  yield,  in  Iron,  than  any  other  Iron  ore  now  known. 
There  are  different  classes  of  Iron  ore  in  Iron  County,  quite  sufficient  to  guar- 
antee success  in  the  smelting  operations  of  a  Blast  Furnace.  There  is  the 
rich  magnetic,  the  red  hematite,  and  other  classes  of  ores  which  I  do  not  care 


6 

to  designate  from  mere  observation.  Suffice  it  to  say  that  the  lowest  grade  I 
have  seen  will  not  yield  less  than  45  or  50  per  cent,  of  Iron,  while  others  of  a 
higher  grade  will  yield  from  70  to  75  per  cent. 

"Upon  the  quality  and  price  of  Iron  ore  the  success  of  an  Iron  manu- 
factory mainly  depends,  so  that  all  Iron  ores  should  receive  due  consideration 
and  examination,  both  as  to  quality  and  quantity,  before  capital  is  invested 
for  manipulation,  so  that  when  capital  is  secured  it  may  be  regarded  as  a  sale 
investment  in  a  stable  business. ~  These  steps,  so  far  as  I  can  learn,  have 
been  taken,  and  the  proper*  assays  made,  with  satisfactory  results,  so  that 
there  need  be  no  fear  in  the  minds  of  any  who  have  already  invested  their 
means,  or  those  who  may  yet  invest,  in  the  stock  of  the  Great  Western  Iron 
Mining  and  Manufacturing  Company  of  Utah.     I  am  satisfied  from  what  I\ 
have  seen,  and  what  I  know  of  the  results  of  the  different  assays  that  have   \ 
been  made  of  the  Iron  ores  of  Iron  County,  in  connection  with  proper  care, 
judgment  and  economy  in  the  construction  of  the  proper  works  for   the 
manipulation  of  the  Iron  ores,  that  in  less  than  five  years  from  the  present     / 
time,  the  increased  value  of  these  Iron  mines  will  amount  to  500  per  cent."   / 

The  following  extract  is  from  the  report  of  the  Baldwin  Exploring 
Expedition,  published  in  the  Salt  Lake  Herald,  under  date  of  December  5th, 

1873: 

"IRON  COUNTY. 

"Utah's  great  wealth  lies  not  in  its  hundreds  of  valuable  gold  and 
silver  ledges,  but  in  its  Iron  and  Coal  fields.  The  seemingly  fabulous  stories 
of  the  immense  Iron  deposits  in  Southern  Utah,  but  told  part  of  the  truth. 
The  Baldwin  Expedition,  on  reaching  the  Iron  fields,  crossed  the  Wah  Wah 
and  Pifion  ranges  of  mountains,  which  they  found  covered  with  the  finest 
Pine  and  Cedar  timber,  sufficient  for  the  requirements  of  the  country  in  that 
vicinity  for  years  to  come.  The  surface  of  those  mountains  indicates  no 
mineral;  but  Nature  has  made  up  for  the  absence  of  the  precious  metals  by 
giving  to  that  section  what  is  more  useful  to  mankind — timber  and  good 
grazing.  Pinto  Iron  Mining  District,  in  which  is  the  famous  Iron  mountain, 
is  one  vast  extent  of  rich  magnetic  and  hematite  Iron  ores.  The  ledges  crop  j 
out  of  the  earth  in  places  hundreds  of  feet  high,  and  appear  on  the  surface  \J 
for  eight  hundred  and  a  thousand  feet,  inviting  capitalists  to  double  and 
treble  their  fortunes  with  scarcely  a  possible  risk  of  losing  a  cent.  But  a  few 
miles  distant  are  immense  beds  of  coal  with  which  to  melt  out  this  huge  body 
cf  material  wealth.  Outside  of  the  locations  and  developments  made  by  the 
expedition,  nothing  of  consequence  has  been  done  in  this  Iron  region,  save 
by  the  Great  Western  Iron  Manufacturing  Company.  That  organization 
own  a  small  Furnace  about  four  miles  from  Iron  mountain.  The  Company 
have  manufactured  several  hundred  tons  of  castings  for  the  Pioche  market, 
and  are  now  repairing  their  Furnace,  preparatory  to  making  the  castings 
required  in  the  construction  of  a  large  Furnace  to  be  erected  by  them  next 
season. ' ' 


B  Y  -  L  A  W*S' 


OF   THE 


GREAT  WESTERN  IRON  MINING  AND  MANUFACTURING  CO. 


ARTICLE  I. 

CORPORATE  POWERS. 

The  corporate  powers  of  this  Company  shall  be  vested  in  a  Board  of 
seven  Directors,  who  shall  elect  from  their  number  a  President  and  Vice- 
President. 

The  other  officers  of  the  Company  shall  be  a  Secretary,  a  Treasurer, 
and  a  General  Superintendent,  who  shall  be  appointed  by  the  Board  of 
Directors. 

ARTICLE    II. 

ELECTION    OF  DIRECTORS. 

On  the  first  Tuesday  in  September  of  each  year,  a  general  meeting  of 
the  Stockholders  shall  be  held  in  Iron  City,  Iron  County,  Utah,  for  the  pur- 
pose of  electing  seven  Directors,  whose  term  of  office  shall  be  for  one  year, 
or  until  their  successors  are  elected  and  qualified. 

ARTICLE  III. 

DUTIES  OF  DIRECTORS. 

The  Directors  shall  fill  all  vacancies  that  may  occur  in  the  Board, 
pending  the  next  regular  election;  and  shall  have  power  to  appoint  and 
remove,  at  discretion,  all  other  officers,  agents,  and  employes  of  the  Com- 
pany, prescribe  their  duties,  fix  their  compensation,  and  require  from  them 
security  for  their  faithful  services,  when  they  shall  deem  it  necessary. 

The  Directors  shall  cause  to  be  kept  a  complete  record  of  all  their 
business  proceedings,  and  of  all  the  business  done  at  all  regular  meetings  of 
the  Stockholders,  and  a  full  and  complete  report  of  the  assets  and  liabilities 
of  the  Company. 

The  Board  of  Directors  shall  hold  regular  meetings  on  the  first  Mon- 
day in  September  and  Msgrch  of  each  year.  The  majority  of  said  Board  shall 
constitute  a  quorum  for  the  transaction  of  business;  and  in  the  absence  of  the 
President  and  Vice-President,  the  Board  may  elect  a  chairman,  who  shall  be 


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President  pro  tern.  Special  meetings  of  the  Board  may  be  held  at  the  call  of 
the  President  or  Vice-President,  or  of  any  two  members  of  the  Board.  The 
business  of  such  special  meeting  shall  be  stated  in  notices  therefor. 

The  Directors  shall  have  power  to  declare  dividends  out  of  any  surplus 
profits,  annually,  and  oftener  if  they  should  deem  it  expedient;  to  incur  such 
indebtedness  as  they  may  deem  necessary,  and  to  authorize  the  execution,  by 
the  President,  of  any  note  or  obligation  of  such  indebtedness.  They  shall 
have  the  general  supervision  of  all  the  acts  of  the  officers  and  employes  of 
the  Company,  and  shall  require  the  Secretary  and  Treasurer  to  keep  accurate 
books  and  accounts. 

ARTICLE  IV. 

DUTIES  OF  THE  PRESIDENT. 

It  ahull  be  the  duty  of  the  President  to  preside  over  all  meetings  of  the 
Board,  or  of  the  Stockholders;  enforce  an  observance  of  the  by-laws  of  the 
Company.  He  shall  sign,  as  President,  all  certificates  of  stock,  and  con- 
tracts, and  other  instruments  of  writing.  He  shall  draw  all  checks  and  war- 
rants upon  the  Treasurer,  and  shall  attend  to  the  executive  business,  under 
the  general  direction  of  the  Board,  and  be  ex-officio  a  member  of  all  Com- 
mittees. He  shall  have  the  casting  vote  at  all  meetings  of  the  Board.  He 
shall  call  special  meetings  of  the  Board  of  Directors,  or  Stockholders,  at  his 
discretion,  when  he  deems  it  necessary  for  the  interest  of  the  Company  to  do 
so;  and  generally  discharge  such  other  duties  as  may  be  required  of  him  by 
the  by-laws  of  the  Company. 

In  the  absence  of  the  President  the  Vice-President  shall  perform  the 
duties  of  President. 

ARTICLE  V. 

DUTIES  OF  THE  TREASURER. 

It  shall  be  the  duty  of  the  Treasurer  to  receipt  for  and  keep  safely  all 
moneys,  notes,  bonds  and  obligatio  ns  belonging  to  the  Company,  and  dis- 
burse, under  direction  ot  the  Board  of  Directors,  on  warrants  signed  by  the 
President  and  Secretary.  He  shall  submit  to  the  Board  of  Directors,  on  Or 
before  the  10th  day  of  August,  annually,,  and  oftener  if  required,  a  complete 
statement  fo  his  accounts,  with  proper  vouchers,  and  shall  discharge  such 
other  duties  as  may  be  prescribed  by  the  Board  of  Directors. 

ARTICLE  VI. 

DUTIES  OF  THE  SECRETARY. 

It  shall  be  the  duty  of  the  Secretary  to  keep  a  record  of  all  the  meet- 
ings of. the. Board  of  Directors,  and  of  the  Stockholders.  He  shall  keep  the 
book  of  blank  certificates  of  stock,  shall  fill  up  and  countersign  all  the  certifi- 
cates issued,  and  make  the  corresponding  entries  on  the  margin  of  the  stock 
book,  on  such  issuance.  He  shall  keep  a  stock  ledger,  in  due  form,  showing 
the  number  of  shares  issued  to  and  transferred  by  any  Stockholder,  and  the 
date  of  such  issuance  and  transfer.  He  shall  have  charge  of  the  corporate 
seal,  and  affix  the  same  to  all  instruments  requiring  a  seal.  He  shall  keep, 


9 

in  the  manner  prescribed  by  the  Board  of  Directors,  a  complete  summary  of 
all  the  accounts  of  the  Company,  and  shall  discharge  such  other  duties  per- 
taining to  his  office  as  shall  be  prescribed  by  the  Board  of  Directors. 

ARTICLE  VII.     * 

DUTIES  OF  GENERAL  SUPERINTENDENT. 

The  General  Superintendent  shall  reside  at  Iron  City,  Iron  County. 
HP.  shall  receipt  for  and  have  charge  of  all  the  property  belonging  to  the 
Company,  and  control  and  direct  all  labor  and  business  of  the  Company, 
under  direction  of  the  Board  of  Directors.  He  shall  make  monthly  returns 
to  the  Secretary  of  all  persons  employed  by  the  Company,  with  the  amount 
of  their  wages,  and  a  statement  of  all  expenditures,  accompanying  the  same, 
with  the  necessary  vouchers.  He  shall  also  render  a  similar  statement  of 
Iron,  Coal  and  other  ores  extracted  and  forwarded,  with  manufactured 
material  disposed  of  and  on  hand,  and  report  the  general  condition  of  the 
entire  work  belonging  to  the  Company. 

When  funds  are  required  he  shall  make  requisition  upon  the  Board  of 
Directors  therefor,  stating  the  object  for  which  said  funds  are  needed.  If 
approved,  the  moneys  shall  be  transmitted  to  him  in  such  manner  as  said 
Board  shall  direct.  Or  he  may  provide  funds  by  the  sale  of  Iron,  Coal,  or 
other  property,  as  may  be  authorized  by  the  Board  of  Directors. 

ARTICLE  VIII. 

It  shall  be  the  duty  of  all  officers  and  agents  of  the  Company  to  pay  to 
the  Treasurer,  witnout  delay,  all  moneys  received  by  them  belonging  to  the 
Company,  to  file  vouchers  with  the  Secretary  monthly  of  all  their  official 
transactions  during  the  month,  which  vouchers,  countersigned  by  the  Presi- 
dent, shall  authorize  the  Secretary  to  enter  the  same  on  the  Company's  books. 

ARTICLE  IX. 

FISCAL  YEAR. 

The  fiscal  year  shall  commence  on  the  first  day  of  August  and  end  on 
the  thiry-first  day  of  July  in  each  year.  The  General  Superintendent  and 
all  agents  and  officers  of  the  Company,  shall  furnish  the  Secretary  full  and 
complete  accounts  of  all  their  business  transactions  within  ten  days  there- 
after, accompanied  with  vouchers,  which  shall  be  filed  in  the  Secretary's 

office. 

ARTICLE  X. 

TRANSFER  OF  STOCK. 

Shares  in  the  Company  may  be  transferred  at  any  time  by  the  holders 
thereof,  or  by  their  legal  representatives.  The  transfer  shall  be  made  by 
endorsement  on  the  certificate  of  stock  and  surrender  of  the  same;  provided, 
that  such  transfer  shall  not  be  valid,  except  between  the  parties  thereto,  until 
the  same  shall  have  been  noted  in  proper  form  on  the  stock  ledger  of  the 
Compaiy.  The  surrendered  certificate  shall  be  canceled  by  the  Secretary 
before  a  new  one  is  issued  in  lieu  thereof,  the  Secretary  filing  the  certificate 
so  cancelled  as  a  voucher. 


M 


10 

ARTICLE    XL 

The  capital  stock  of  this  Company  may  be  increased  by  a  two-third'* 
vote  of  the  entire  stock,  at  any  meeting  of  the  stockholders  railed  for  that 
purpose.  Thirty  days'  notice  thereof  shall  be  given  by  advertising  in  one  or 
more  newspapers  having  general  circulation  in  Utah  Territory.  Representa- 
tion by  proxy,  duly  certified,  shall  be  deemed  admissable. 

ARTICLE  XII. 

At  all  corporate  meetings  each  Stockholder  shall  be  entitled  to  as 
m:iny  votes  as  he  holds  shares  of  capital  stock. 

ARTICLE  XIII. 

The  books  and  papers  in  the  office  of  the  Secretary  and  Treasurer 
shall  be  at  all  times,  during  business  hours,  subject  to  the  inspection  of  the 
Board  of  Directors,  and  of  any  Stockholder. 

ARTICLE  XIV. 

The  individual  property  of  the  Stockholders  of  this  corporation  shall 
not  be  held  liable  for  corporate  obligations. 

ARTICLE  XV. 

These  by-laws  mav  be  altered  or  amended  by  a  majority  vote  of  the 
entire  stock,  at  any  meeting  ot  the  Stockholders. 


APPENDIX. 


The  following  Assays  by  J.  Blodget  Britton,  of  Philadelphia,  arrived  aiter 
the  Prospectus  was  in  press ;  hence  are  added  as  an  Appendix  for  the  infor- 
mation of  the  public. 


THE  IRON-MASTERS'  LABORATORY, 

No.  339  Walnut  Street,  Philadelphia. 


Analysis  completed  February  27,  1874. 
For  the  Blast  Furnace  Erection  Co., 
Of  Iron  Ore  marked  "Blowout  Mountain." 
Sample  sent  was  one  piece  and  weighed  21bs.  l^oz. 
Examined  for  the  following  substances  only: 

Pure  Metallic  Iron,  64.52. 

Sulphur,  practically  none. 

Phosphorus,  00. 39. 

J.  BLOBGET  BRITTON. 


Analysis  completed  February  27,  1874. 
For  the  Blast  Furnace  Erection  Co., 
Of  Iron  Ore  marked  "Pot  Metal  Mountain." 
Sample  sent  was  one  piece  and  weighed  13oz. 
Fxamined  for  the  following  subsUnces  only  : 

Pure  Metallic  Iron,  68.89. 

Sulphur,  practically  none. 

Phosphorus,  00.09. 

J.  BLODGET  BRITTON. 

• 

Analysis  completed  February  27,  1874. 
For  the  Blast  Furnac**  Ere<  tion  C>., 
Of  Iron  Ore  marked  "Daman  Le-ige." 
Sample  sent  was  one  piece  and  w-  ighed  41bg.  £oz. 
Examined  for  the  following  subbtaaces  only. 

Pure  Metallic  Iron,  66.96, 

Sulphur,  practically  none. 

Phosphorus,  00.152. 

J.  BLOPGET  BRITTON. 


Analysis  completed  Marcli  3,  1874. 

For  the  Great  Western  Iron  Mining  and  Manufacturing  Co., 
Of  Iron  Ore  marked  "Chesapeak  Mountain." 
Sample  sent  was  one  piece  and  weighed  2lbs.  2£oz. 
Examined  for  the  following  substances  only  : 

Pure  Metallic  Iron,  67.48. 

Sulphur,  practically  none 

Phosphorus,  00.00. 

J.  BLODGUT  BRITTOX. 


Analysis  completed  March  3,  1874. 

For  the  Great  Western  Iron  Mining  and  Manufacturing  Co., 
Of  Iron  Ore  marked  "Brown  Hematite,"  hut  a  Magnetic  Ore. 
Sample  sent  was  one  piece  and  weighed  9|oz. 
Examined  for  the  following  substances  only. 

Pure  Metallic  Iron,  52.18. 

Sulphur.  practically  none. 

Phosphorus,  00.12. 

J.  BJAJDGET  BKITTON. 


Analysis  completed  February  28,  1874. 
Fpr  the  Blast  Furnace  Erection  Co., 
Of  Utah  Limestone. 

Sample  sent  was  one  piece  and  weighed  1  Ib.  ll£oz. 
Examined  for  the  following  substances  only  : 

Carbonate  of  Lime,  80.35. 

Insoluble  Silicious  Matter.  10.92. 

J.  BLODGET  BKITTOX. 


